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#1
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Should Inside IBNS publish FV/dealer prices?
In the 3/06 issue of Inside IBNS, I began publishing face values in the New
Notes section of the newsletter. In the 4/06 issue, I added a range of dealer prices (without specifying who those dealers are) wherever available. My feeling is that face value and dealer prices are facts, and it is appropriate and desirable for the newsletter to disseminate as much factual information as possible. However, I have recently been contacted by a dealer (who wishes to remain anonymous) who feels that publishing this info is inappropriate and potentially confusing to new collectors. What do you think? I can't promise that I will abide by majority opinion, but I would like to get input from other members, both collectors and dealers alike. Owen Linzmayer, Inside IBNS editor |
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#2
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Should Inside IBNS publish FV/dealer prices?
I agree with you. The info you provide is already in the public domain,
no secret. One can easily get the face value by using a currency converter and get the selling prices by looking at any dealer's price list. Owen W. Linzmayer wrote: In the 3/06 issue of Inside IBNS, I began publishing face values in the New Notes section of the newsletter. In the 4/06 issue, I added a range of dealer prices (without specifying who those dealers are) wherever available. My feeling is that face value and dealer prices are facts, and it is appropriate and desirable for the newsletter to disseminate as much factual information as possible. However, I have recently been contacted by a dealer (who wishes to remain anonymous) who feels that publishing this info is inappropriate and potentially confusing to new collectors. What do you think? I can't promise that I will abide by majority opinion, but I would like to get input from other members, both collectors and dealers alike. Owen Linzmayer, Inside IBNS editor |
#3
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Should Inside IBNS publish FV/dealer prices?
As a collector I would agree. However I don't believe that I need the IBNS
newsletter would be my source for information on face value vs. dealer prices. For instance, recently on eBay I purchased some Ukrainian banknotes. I know what the Hryvnia is valued at, and will allow for a reasonable markup for the seller, frankly it is a convenience factor. So I find someone in Ivano Frankivsk that will sell me the notes and coins I want, at a price that is reasonable and I buy them. However, lets say the 10 Hryvnia note is hypothetically priced at $10, and I know the 10 Hr. note is valued at US$2.00 I would believe that unreasonable, since I know the Ukrainian Hryvnia trades at about 5/$1 I usually do not collect high value notes, I think the highest value note I have collected in the past few years is $12 for a Chinese 100 Yuan note that I got in a bank in China. |
#4
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Should Inside IBNS publish FV/dealer prices?
You, I, and other net-savvy collectors may know how to look up face values
online, but many of the members of the IBNS do not use computers, or may not know off the top of their heads what exchange rates are for obscure currencies. That's why I think it's a service to do the legwork for my readers and publish the FV in the newsletter. I think it helps set a reasonable baseline for absolute minimum one can expect to shell out for a new note. On 1/16/07 1:16 PM, in article , "Sibirskmoneta" wrote: As a collector I would agree. However I don't believe that I need the IBNS newsletter would be my source for information on face value vs. dealer prices. For instance, recently on eBay I purchased some Ukrainian banknotes. I know what the Hryvnia is valued at, and will allow for a reasonable markup for the seller, frankly it is a convenience factor. So I find someone in Ivano Frankivsk that will sell me the notes and coins I want, at a price that is reasonable and I buy them. However, lets say the 10 Hryvnia note is hypothetically priced at $10, and I know the 10 Hr. note is valued at US$2.00 I would believe that unreasonable, since I know the Ukrainian Hryvnia trades at about 5/$1 I usually do not collect high value notes, I think the highest value note I have collected in the past few years is $12 for a Chinese 100 Yuan note that I got in a bank in China. |
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